Imwelo Gold Project

Lake Victoria Gold (LVG) is accelerating drilling at its Imwelo Gold Project in Tanzania by adding a second drill rig. A 24-hole, 4,000-meter program is underway at Area C with the goal of completion by mid-December 2025. The program targets geotechnical data collection, resource conversion, exploration of down-dip extensions, grade control planning, and metallurgical analysis. Initial assay results from the first completed holes are anticipated next week. LVG will provide ongoing updates on the drilling progress.